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May Market Report

MEMPHIS, Tenn. - June 10, 2013 - (RealEstateRama) -- Memphis-area home sales for May increased 1.6 percent from a year ago, with 1,473 total sales recorded in the Memphis Area Association of REALTORS® MAARdata property records database. Total sales increased 6.3 percent from April. Average sales price year-over-year rose 10.6 percent at $139,779. Inventory was flat with 6,483 units listed for sale. Sales volume YTD increased 18.9 percent to $825.6 million

THDA Mortgages Ready for Homeownership Month – Funds Available Statewide through Lenders

NASHVILLE, TN - June 4, 2013 - (RealEstateRama) -- Saturday marked the beginning of National Homeownership Month- an annual recognition of the important role housing plays in creating jobs, maintaining viable communities, providing stability for families, and contributing to the economy

Cohen Announces $350k Housing Grants for Memphis-area Homeless Veterans

MEMPHIS, TN - June 3, 2013 - (RealEstateRama) -- Congressman Steve Cohen (TN-09) announced today that HUD will provide $358,506 in grants to the Memphis VA Medical Center to offer permanent supportive housing to homeless veterans.

IDX solution modifies search capabilities of Fine Homes and Land real estate website

EUGENE, OR - June 3, 2013 - (RealEstateRama) -- Phil Cobble and Fine Homes and Land of Knoxville, Tennessee, have teamed with IDX, Inc. to deliver home seekers with a comprehensive and complete online property search experience. The IDX solution Cobble now hosts has made it monumentally easier for home seekers to scan the Knoxville MLS (KAARMLS) and find their dream home among the thousands of listings IDX Broker syncs to the website of Cobble. The innovative IDX Broker software Cobble has incorporated onto his professional real estate website has forever changed the way he conducts business and displays properties online.

IDX solution syncs Tennessee properties with professional website of Realtor Carol Hearne

EUGENE, OR - May 30, 2013 - (RealEstateRama) -- RealTracs MLS (RTMLS) listings are now easily displayed online, thanks to IDX, Inc. and real estate agent Carol Hearne. Thousands of Franklin, Tennessee area properties listings are seamlessly integrated onto the search page Hearne employs, with the dynamic technology her IDX solution supports. The online real estate search is now monumentally simpler for home seekers and real estate professionals alike on the comprehensive and complete website Hearne supports. The RTMLS database has never been so accessible to potential Tennessee buyers, than now on the IDX enabled website of Hearne

HUD AND OWNERS, MANAGERS OF TENNESSEE APARTMENT COMPLEX SETTLE ALLEGATIONS OF DISCRIMINATION AGAINST HISPANIC...

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that a Nashville, TN, apartment complex will pay more than $170,000 as part of asettlement resolving allegations that it discriminated against Hispanic tenants based on their national origin

Morgan, Cates Receive Top Pinnacle Award Honors

MEMPHIS, TN - April 29, 2013 - (RealEstateRama) -- The Memphis Area Association of REALTORS® Commercial Council honored the top performers in commercial real estate for 2012 at the 12th Annual Pinnacle Awards gala held April 25 at the Memphis Country Club. Coming away with the evening’s highest honors were Commercial Hall of Fame inductee Henry W. Morgan, of Boyle Investment Company; Commercial Broker of the Year Andy Cates, of Colliers International Asset Services; and International Paper, winner of the Community Impact Award.

Congressman Fincher Introduces Bipartisan Legislation to Protect Affordable Housing

Washington, D.C. - April 29, 2013 - (RealEstateRama) -- Today U.S. Representative Stephen Fincher (R-Frog Jump) introduced the Preserving Access to Manufactured Housing Act – a bipartisan bill to protect the availability of financing for affordable manufactured housing, a critical resource for low and moderate-income families across the United States. Specifically, the bill would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank) to change the criteria by which home loans are classified “high-cost” while keeping in place strong consumer protections.

IDX Broker software integrated onto dynamic The DeSelms Team online property search pages

EUGENE, OR - April 22, 2013 - (RealEstateRama) -- IDX, Inc. is pleased to announce Scott Hines of The DeSelms Team. has chosen to employ the powerful and innovative IDX Broker software on his professional website. As a member of the RealTracs MLS (RTMLS), Hines, like many other real estate agents and brokers, can search through thousands of Franklin, Tennessee listings. Now, clients of Hines can experience the same accessibility and ease when scanning RTMLS properties, all on the convenient real estate website and search page Hines hosts

Tennessee real estate market made simple with the IDX solution hosted by Matt Shelton

EUGENE, OR - April 17, 2013 - (RealEstateRama) -- Jackson, Tennessee real estate agent Matt Shelton has become the latest professional to integrate the dynamic IDX Broker software onto his professional website, creating a helpful and simple search page for Jackson home seekers. Central West Tennessee (CWTAR) listings are seamlessly linked to the search page Shelton employs, giving him the ability to display thousands of listings on his convenient and easy-to-use Shelton website

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MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED...

Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior Apartments in Memphis, Tenn.

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Announcement of Maximum Effective Rate of Interest on Home Loans

The Federal National Mortgage Association has discontinued its free market auction system for commitments to purchase conventional home mortgages. Therefore, the Commissioner of Financial Institutions hereby announces that the maximum effective rate of interest

October Market Report

MAAR

June Market Report